RESCUE GATE: A TWENTY-FOUR TRILLION DOLLAR BAILOUT

Published by Jonas Clark Monday, July 20th, 2009 in Misc Christian Information |

RESCUE GATE: A TWENTY-FOUR TRILLION DOLLAR BAILOUT

What is the Treasury Department hiding?

The government’s top watchdog over the $700 billion “rescue package” says that the Treasury Department refuses to let the taxpayers know how that money has been spent. Why?

Neil Barofsky is the special inspector general over the Troubled Asset Relief Program (TARP). According to The Hill, “Barofsky said that while the TARP program that Congress passed amounts to $700 billion, the total federal government support since 2007 for the economy and the financial sector could reach a far higher figure of $23.7 trillion. The government has committed significantly more money through a variety of other federal agencies and programs.”

Don’t let that quote go over your heads folks. He said the bailout “could reach a far higher figure of $23.7 trillion.” What!!!!!!!!!!!! Who authorized this? The taxpayers didn’t. Congress didn’t. Who then?

$23.7 trillion is twice America’s total gross domestic product and way above the $700 billion authorized. If this is true we are in for a massive day of reckoning and Rescue Gate will make Nixon’s Watergate look like child’s play.

Are the cops on the way? Do we hear any sirens yet? Barofsky has launched “35 criminal and civil investigations into issues including suspected accounting fraud, securities fraud, insider trading, mortgage servicer misconduct, mortgage fraud, public corruption, false statements and taxes.” I wonder how long these investigations can be staled. Currently the only guy in jail for fraud is Bernie Madoff and he wasn’t caught by anybody, he turned himself in.

Massive fraud and corruption has and is taking place in the highest levels of our nation. This is the most corruption I have ever seen within our country in my lifetime. We need to pray that God exposes these rats and roots them out. The future of our nation is in the balance. Who in Congress will step up and deal with this?

Let freedom ring.

Your partner,
Jonas Clark
www.thevoicemagazine.com
clipped from thehill.com
Meanwhile, Barofsky’s office has opened 35 criminal and civil investigations into issues including suspected accounting fraud, securities fraud, insider trading, mortgage servicer misconduct, mortgage fraud, public corruption, false statements and taxes.
In fact, the Treasury Department is actively obstructing transparency,” said Rep. Darrell Issa (R-Calif.), ranking member on the oversight committee.
Barofsky’s office noted that banks have used government money for purposes other than increased lending, whether to build up capital cushions, repay debt or help finance acquisitions of other banks. His office is in the process of posting online responses to a survey of 360 banks receiving government aid.
TARP program that Congress passed amounts to $700 billion, the total federal government support since 2007 for the economy and the financial sector could reach a far higher figure of $23.7 trillion.
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3 Comments to RESCUE GATE: A TWENTY-FOUR TRILLION DOLLAR BAILOUT

Elder Austin G.Bradley
July 22, 2009

Hello.,just a couple of words on this subject from my point of view.seems like this is all we hear about now;”bail ont this and bail out that”but let me say this.until we get before God and do the things he wants us to do,its not going to matter how much money is being mentioned for this maddness,we will still be in the fix we are in now,,,”screwed up royaly”!!and where is all this money coming from?i mean how much money can the country print?think about it.its a “robbing peter trying to pay paul situation”.its never going to stop.one debt is paid off then there is more money needed to pay the debt that is now create.its a no-win situation.God has showed us in his word of how to deal with all issues and until we turn back to him,,,you can forget it!!bail out!!yeah right!!2Chronicles7:14;if my people who are called by my name will humble themselves and pray and seek my face and turn from their wicked ways,then will i hear from heaven and forgive their sin and heal their land.Amen

Rebekah
July 31, 2009

Elder Austin; I agree with you totally and like the scripture you used as Jesus has spoken a revelation to me concerning HIS desire for mercy. that nowhere in HIS Word have I found that we CHIRITIANS are to let evil prevail, that is not what Jesus meant when He said turn the other cheek. Time for Battle and not with man. But we must do what we can to get these ravenous wolves out of our capitol. It is the very intent of these people to destroy this nation and bring in the New World Order. Why is no one on these mainstream media churches talking about the whole truth? I am telling everyone I know to go to SHADOWFAXREPORT.com and sign the petition if Obama remains? May GOD have mercy on us.

Elder Austin G.Bradley
July 31, 2009

Hello.me again.i also want to say this,Jesus said before he was lifted up on the cross,”If I be lifted up,I will draw all men unto me,,”now why are we so “excited”when we hear about what the government is doing or is trying to do when we,the Children of the Almighty God,,are the ones with the true solution to these problems,,,people, we have to take this world and give it a “Holy GhostB12 booster shot” in the you know where!!We are the redeemed!!and the Bible says”let the redeemed of the Lord say so”!!so let me ask the question”WHERE ARE THE TRUE BELIEVERS OF THE MOST HIGH GOD?”and let me answer that by saying,,here i am!!!come on my redeemed brothers and sisters!!!we don’t need a bail out plan!!we are Children of the Most High King!!and in him we trust!!!

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